Truist Financial Boosts Pebblebrook Hotel Trust (NYSE:PEB) Price Target to $14.00

Pebblebrook Hotel Trust (NYSE:PEB) had its target price raised by Truist Financial from $12.00 to $14.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price target points to a potential upside of 10.37% from the stock’s current price.

Several other brokerages have also issued reports on PEB. Robert W. Baird set a $15.00 target price on shares of Pebblebrook Hotel Trust and gave the company an “outperform” rating in a research report on Monday, January 12th. Barclays started coverage on shares of Pebblebrook Hotel Trust in a research note on Tuesday, January 6th. They set an “underweight” rating and a $10.00 price target on the stock. Citigroup boosted their price objective on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Wells Fargo & Company reduced their price objective on Pebblebrook Hotel Trust from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 24th. Finally, LADENBURG THALM/SH SH began coverage on Pebblebrook Hotel Trust in a report on Thursday, March 26th. They issued a “neutral” rating and a $14.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $12.33.

Pebblebrook Hotel Trust Price Performance

NYSE PEB opened at $12.69 on Tuesday. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of -13.94 and a beta of 1.43. Pebblebrook Hotel Trust has a 1-year low of $7.41 and a 1-year high of $13.35. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09. The business’s fifty day moving average price is $12.34 and its 200-day moving average price is $11.64.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The company had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. On average, equities analysts predict that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PEB. AQR Capital Management LLC grew its holdings in Pebblebrook Hotel Trust by 174.6% during the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock valued at $941,000 after buying an additional 59,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Pebblebrook Hotel Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock worth $719,000 after purchasing an additional 3,075 shares in the last quarter. Caxton Associates LLP purchased a new stake in Pebblebrook Hotel Trust in the 1st quarter worth $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Pebblebrook Hotel Trust by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock valued at $6,685,000 after purchasing an additional 48,640 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Pebblebrook Hotel Trust by 115.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 2,507 shares during the last quarter.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust specializing in premium, high-barrier-to-entry hotel properties in gateway markets across the United States. Established in 2009, PEB focuses on lifestyle-oriented lodging assets that cater to business and leisure travelers seeking elevated experiences. The company’s investment strategy emphasizes select-service and full-service hotels with established brands and prime urban or resort locations.

PEB’s portfolio comprises more than 30 properties in major metropolitan areas including New York City, Los Angeles, Chicago, Miami and San Francisco.